Kasongo will be launching a new coalition party in December that he intends to use in 2027. The coalition party, whose name has been reserved at the Office of the Registrar of Political Party, will consist of ODM, UDA and other Kenya Kwanza affiliate political parties.
According to the information, ODM has agreed to let go the minority leadership in both the Senate and the National Assembly to focus on their coalition arrangement with UDA. Consequently, Wiper Patriotic Front will take over as the Minority side in both houses and it is expected to share the slots with Jubilee and DCP parties.
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If Kalonzo doesn’t vie in the next elections, I don’t see him ever vying again, his age makes it unlikely.
That would be more of a loss to the ever-faithful Kamba community than to Kalonzo himself.
This is because Akamba people have no idea when they will next produce a top national leader of his stature.
So I urge everyone in the opposition to stop throwing insults at him just because you now have a candidate.
Kalonzo has been in the trenches with you for years and stood with the opposition when it mattered.
Tusikue watu, bladifwakin.
There is a proposed solution that would allow Kenyans to participate in the Dangote Refinery IPO through Global Depositary Receipts (GDRs) listed on the Nairobi Securities Exchange.
— Renaissance Capital Kenya and Nigeria are leading the proposed offering, working with Stanbic as custodian, Image Registrars, GNA Advocates and Newmark.
— The structure aims to accommodate both retail and institutional investors, who would apply through participating Kenyan brokers and investment banks.
— The vehicle would pool applications from Kenyan investors and, through Renaissance Capital Nigeria, apply for IPO shares as a single aggregate applicant, before issuing GDRs to investors against the shares allotted.
— Investors would hold GDRs proportionately backed by Nigerian ordinary shares and trade them on the NSE in Kenyan shillings through their usual brokers and standard brokerage commissions.
— The structure is designed to pass through dividends, bonus shares and rights-issue entitlements to Kenyan investors, subject to the programme’s terms.
— GDR prices would reflect the underlying Nigerian shares while also responding to supply and demand in the Kenyan market.
— The proposed programme is unsponsored, meaning Dangote Refinery would not be a party to the GDR programme or have an agreement with the depositary bank.
— The presentation targets an offer period of 5–13 October 2026, although opening will depend on final CMA and NSE approvals.
— Allotment is expected around 11 November, followed by an announcement on 12 November and refunds for surplus funds and rejected applications on 18 November.
— Settlement is planned for 12 November–2 December, with the slide targeting a Nigerian listing on 2 December and NSE trading on 8 December, while the speakers indicated a Kenyan listing window of 2–8 December.
— Final CMA and NSE approvals remain pending, and the proposed timetable is subject to change.
Gulf, Galana BE etc don’t trade on own account. They are logistics/handling agents nominated by the IOCs. The OMCs/IOCs have direct commercial contracts i.e IOCs(ADNOC/ENOC/ARAMCO)<>OMCs(Vivo, Total, Rubis etc) with GtoG framework agreements serving as credit enhancement.
Kiharu MP Ndindi Nyoro has proposed the partial privatization of KenGen, saying that beginning in 2028, the government should sell a 35 per cent stake to a strategic investor with expertise in power generation.
Speaking on his economic reform agenda, Nyoro said the stake sale should be advertised globally to attract a partner capable of unlocking KenGen’s full potential.
Thoughts?
Greek multinational Amaco Energy Group plans to build a $1.5 billion (*Sh194 billion*) artificial intelligence (AI) data centre in Mombasa.
The company said the planned facility is an independently powered centre that will not rely on Kenya's electricity grid.
@BD_Africa
The preliminary estimate for peak demand would be around 100–250 MW of IT load, potentially *120–350 MW* of total electrical demand.
https://t.co/HYF0eC0bmf
Ongoing preparations in Safari park Nairobi for Most awaited Press.
Ndindi Nyoro is expected to address the country on his stand politically (WANTAM or TUTAM) tonight at 7PM. Microphone na speakers zikuwe clear.
Apples and oranges. Most of Kigali’s residents are landowners, on ancestral land, like peri-urban Nbi/Kiambu (Kawangware,Dagoretti etc). The beneficiaries are equity partners. Nairobi’s informal settlements are on public land. The beneficiaries are tenants.
No government has the right to disappear its citizens.
The enforced disappearances and extra-judicial killings that have scarred this country are not a policy option.
They are crimes. And they will be treated as such.
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#TuskumeMaraga
Questions you end up asking as an investor at NSE:
1. What if Safaricom Ethiopia actually pays off? Are we looking at another young Safaricom (the doubling of the Safaricom success story)?
2. Can Co-Operative Bank thrive after Gideo Muriuki leaves (he's served for 25 years)?)
KRA says employers have failed to remit over KSh100 billion collected from workers under the Affordable Housing Levy and is now preparing a major crackdown.
Employees saw the deductions on their payslips every month, where did the money go?
This is no small accounting error. KSh100 billion is enough to fund critical infrastructure, or transform public services.
Kenyans deserve a full list of defaulting employers, the amounts involved, and the recovery plan.
Before introducing new taxes and levies, the government must first account for the money already collected from hardworking citizens.
2027 it will be Kalonzo vs Ruto but why is Kalonzo silent on debt, unempolyment and other bad things? Why are options always this narrow for Kenyans? If Kalonzo intends to borrow like Ruto, let him say it and be honest
Kenya’s national electricity peak demand is currently around 2,440 MW. Electricity growth is 8.5% per annum and this year we need to add 207 MW.
In the last 7yrs when we had the new power plant moratorium (plus the 2-3yrs needed to move a quick project from PPA negotiations to Commissioning), we needed to have added a minimum of 1200 MW base load generation - which was missed out.
This Boda guy chairman said during 2022 campaigns he took a group of bodaboda guys to Karen and Ruto promised two of his members would be part of the Presidential Escort. 😂
Why Tanga? Uganda crude export pipeline terminates there. Uganda has 6.5b barrels of proven reserves, 2m recoverable, Kenya ~500m recoverable. Tanga is 200k from Mombasa. Turkana crude can be shipped cheaply. Tanga-Mombasa crude and product pipelines are under consideration.